Nelco

As of 12.14 pm, these stocks gained between 5 per cent and 20 per cent, as against 0.85 per cent decline in the Sensex at 59,032 points.

CLOSING BELL: It was a range-bound trade on the bourses on Friday as investors awaited US Fed chief Jerome Powell's address at the Jackson Hole Symposium later tonight

Nelco has been offering the Aero IFC services for more than two years with plans to introduce these services to more airlines in collaboration with its global partners

Stocks to watch today: Titan plans to add 20 to 30 Tanishq stores over two to three years in the Middle East and North America; Nelco inked pact with Intelsat to provide inflight connectivity services

Satellite company and broadband services firm Intelsat on Thursday announced the beginning of Intelsat's inflight connectivity services in Indian skies through an agreement with Tata Group satellite services firm Nelco. As part of the collaboration, Intelsat's airline partners and flyers will enjoy end-to-end broadband coverage on domestic and international aircraft flying to and from an Indian airport as well as the aircraft flying over the country. "In addition to expanding our service coverage area for current customer airlines, our agreement with Nelco opens the possibility for Intelsat to serve India's domestic airlines. This is a fast-growing airline market, and there is considerable untapped potential for IFC growth," Intelsat president of Commercial Aviation Jeff Sare said in a statement. Nelco has a permit to provide in-flight telecom services in India. "As India's leading satcom service provider offering best-in-class services, we are now creating a great opportunity thro

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Stocks to Watch Today: Shares of Bajaj Auto, Hindustan Unilever and Indian Hotels are likely to be in focus as the companies report Q4 results on Wednesday.

A strategic cooperation agreement to enable and distribute 5G non-terrestrial network (NTN), direct-to-device satellite services

Nelco was locked in the upper circuit at Rs 637.10 and Tejas Networks was frozen at Rs 384.90 on the BSE.

Nelco has tied up with Canadian-based satellite operator Telesat and will offer broadband services in 2024

This is a 22% rise in valuation; TCS, Tata Motors and Titan top the charts in absolute terms, Nelco and Tata power lead the percentage table

Shares of Nelco were trading at their highest level since 1992

The stock was trading at its highest level since 1992

The Telesat LEO constellation will provide complete coverage of India and superior enterprise connectivity in the country

The company had earlier this year obtained a licence from the Department of Telecommunications for providing in-flight and maritime connectivity (IFMC) services

Nelco hit an over decade high of Rs 338, rallied 213% from Rs 108 on February 6, 2018, as compared to 10% rise in the S&P BSE Sensex during the same period.

The stock rallied 7% to Rs 189 on the BSE in intra-day trade, its highest level since January 17, 2008.